Updated Oct 28, 2024
Roger A. Peters II Acquires Office Building For $22.9M In Boston, MA
11 Avenue de Lafayette, Boston, MA, USA
$22,925,000
$420/SF
Building Size
54,520 SF
Asset Type
Office
Closing
May 4, 2021
About this deal
AI
The office property located at 11 Avenue De Lafayette in Boston, MA has been sold in a recent transaction. The property spans a total area of 54,520 square feet and was sold for a price of $22,925,000. The sale price per square foot was $420.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $22,925,000
- Square Footage: 54,520
- Price per Square Foot: $420
- Address: 11 Avenue De Lafayette, Boston, MA
The seller of the property was Elderhostel Inc, while the buyer was Roger A. Peters II. No additional information regarding the parties involved in the transaction was provided.
On the Map
$22,925,000
$420/SF
Office
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Players
Boston Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.69%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93